$CHZ Shorting on the rebound: No need for nonsense, let's get straight to the reasons



The current trend is clearly downward, with volume-price divergence followed by increased volume on decline. Over the past few days, the trading volume has remained active during the price decline, especially when the price recently broke below a key support level with accompanying high volume. This indicates strong selling pressure, and the decline is confirmed by the volume.

Moreover, from the capital flow data, there is a full-scale net outflow, with strong bearish momentum. Both Huayue and spot markets are experiencing continuous net outflows, indicating that funds are withdrawing from both Huayue and the spot market, and the market's downward momentum is very strong.

Entry timing: 0.0410-0.0415 range, stop-loss: 5% above the entry price, target at 0.03530

If you're not very familiar with position control, or if after reading this you're still not quite understanding, then you can seek help from Brother Kai. #美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元 #比特币现货交易量新低
CHZ-2.69%
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